• We are resuming coverage on Grid Metals. Grid is advancing two lithium projects (Donner and Falcon West), and an advanced-stage MM nickel-copper-PGM project in southeastern Manitoba. Lithium, nickel, and copper play crucial roles in the composition of Electric Vehicle (EV) batteries. In 2023, Manitoba was ranked among the top three mining jurisdictions in Canada, per the Fraser Institute’s Survey of Mining Companies.
  • Donner hosts a relatively high-grade hard-rock (pegmatite) lithium resource (6.8 Mt at 1.39% Li2O). A key advantage of the project is its proximity to two processing facilities within trucking distance, allowing Grid to expedite production with lower CAPEX.